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This week we have seen the larger broadband providers such as BT, BskyB
and Orange, release their results from the last quarter of 2007.
While Virgin and Tiscali have yet to post their results the figures revealed
can show the trends in the marketplace and where things are going in the
industry.
BT proudly announced that it retained its title of the 'UKās biggest broadband
supplier' after gaining the largest amount of new connections at the end of the
year. This allowed it to have a 35 percent share of all new broadband
connections, the extra 177,000 new punters swelled it's number of customers to
4.25 million and netted it a very nice £1.46bn promptly overtaking rival Virgin
Media.
BskyB, or just Sky to most of us, also saw rapid growth seeing an extra 260,000
new faces giving it an increase of 28 percent, this allows it to become the UKās
fastest growing
broadband provider. The figure of 47 percent for the number of customers who
take another service from them shows that it's bundling strategy must be
working, this is an increase of 17 percent on last year.
With the good news for some there has to be losers and Orange reported
disappointing results. Although they added 75,000 new subscribers they also lost
another 4,000 between October and December. This growth for a provider 1,138,000
customers will surely disappoint the board.
Speaking on the trends in the industry Ciaron Dunne, from comparison site
Broadband Genie, commented.
| "Although two major players, Virgin Media and Tiscali still have to
announce their latest figures, the reports released so far have been
incredibly revealing. Bundled services seem to be doing wonders for
subscriber figures,ā he continued: āWhat this might suggest however, is
that if trends continue the way they are, companies who are unable to
offer attractive bundles and other innovative services may not stand a
chance against the larger, more established, and wealthier ISPs." |
| Ciaron Dunne Broadband Genie |
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